Promoters bought 50,00,000 shares: Heavy buying in this penny stock at Rs 75; jumps over 18 per cent & hit a new 52-week high! – Dalal Street Investment Journal

Promoters Acquire 50,00,000 Shares: Penny Stock Sees Surge in Buying at Rs 75; Soars Over 18% and Reaches New 52-Week High!

In a recent development, promoters have purchased a whopping 50,00,000 shares of a penny stock, leading to a surge in buying activity at Rs 75. The stock has witnessed a significant jump of over 18% and has hit a new 52-week high.

This news has caught the attention of investors and traders alike, with the stock showing strong bullish momentum. The heavy buying by promoters indicates confidence in the company’s prospects and has led to a positive sentiment among market participants.

Overall, the stock’s impressive performance and new 52-week high have generated excitement on Dalal Street, highlighting the potential for further growth and gains in the near future.